Brussels (AFP)
The fall in the euro area's gross domestic product (GDP) in 2020 was slightly smaller than expected, to -6.6% against -6.8% initially announced, according to revised figures released Tuesday by the European Office of Eurostat statistics.
The decline for the whole of the EU has undergone a revision of the same magnitude: -6.2% over the year, against -6.4% anticipated so far.
In contrast, the figures for the fourth quarter of 2020 compared to the previous quarter remained unchanged: -0.7% in the euro area and -0.5% in the EU, in this third estimate of the growth figures for this period. .
Despite better resistance than expected at the end of the year, thanks to the good performance of German industry, Europe did significantly worse than its rivals.
Last year, GDP fell 3.5% in the United States, 3.1% in Russia, and rose 2.3% in China.
© 2021 AFP